Enertec Systems 2001 has been awarded a contract for the development and supply of a mission critical system for testing a range of missile defence systems to an undisclosed customer.
Under the terms of the $2m project, Micronet Enertec Technologies' (MICT) wholly-owned subsidiary will manufacture and supply a generic computer-based test, diagnosis and simulation system designated to support a vast range of advanced missile defence systems.
The contract was awarded by a leading Israel-based aerospace and defence integrator partnering with a major US contractor for the development and global marketing of an advanced missile defence system.
Micronet Enertec Technologies president and CEO David Lucatz said: "Our computer-based solution, which utilises our most advanced design capabilities, is responsible for the combat readiness of this state-of-the-art and critically important missile defence system.
''Our strategy continues to focus on the missile defence niche due to the increasing threats of this nature throughout the world.
''We believe that we are well positioned with our unique know-how and expertise in missile technologies, and expect this segment of the market to be a major contributor to our growth and success in the coming years."
Micronet did not provide additional contract details, apart from noting that the customer is expected to award follow-on production orders in 2015, following the development phase of the project.
Currently estimated at a value of $4m, the additional production orders will be awarded over the service life of the combat system.